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Released on the 5th of April 2016, the Panama Papers refers to a leak of 11.5 million confidential financial documents from a Panamanian law firm named Mossack Fonseca. Exposing the offshore accounts and dealings involving numerous high-profile figures like politicians, business leaders, celebrities, and high-net-worth individuals, it sparked global outrage and led to investigations into potential tax evasion, corruption, and money laundering activities.